On October 16, 2024, the Indian equity indices closed lower. Nifty 50 was down 0.34% and closed at 24,971.30. while Sensex ended down 0.39% to 81,501.36. Nifty Bank was up 0.20% to 51,801.05. The volatility indicator Nifty VIX was up by 0.63% to 13.09, reflecting a rise in volatility. Sectoral Performance On October 16, Nifty …